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Listed by Eric M von Bluecher • Lee & Associates
$ 2,100,000
Est. payment /mo
New
San Diego, CA 92102
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 8N-2510770
Year Built 1930
Property Sub-Type Mixed Use
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Presenting 2701–11 Imperial Avenue, a rare full-corner mixed-use asset located in the heart of Grant Hill, just two miles from Downtown San Diego. This centrally positioned 14-unit property offers a unique mix of (9) SRO-style residential units and (5) commercial storefronts, including two long-standing, 4.8-star Yelp-rated tenants: Ferchaladas and Ana's Fruit & Deli. Set on a ±5,196 SF lot and zoned CN-1-3, the property sits within multiple development-enhancing overlays including Complete Communities Tier 3, a Transit Priority Area, and a Qualified Opportunity Zone. Under these programs, the site may allow for up to 6.5 FAR and ±46,000 buildable SF, subject to buyer verification—making it well-suited for a range of strategies including lease-up, repositioning, or full redevelopment. Whether acquired for long-term cash flow or future infill development, the property benefits from central access to Downtown, Balboa Park, Logan Heights, Golden Hill, Sherman Heights, and major freeways. Surrounding the site are numerous public and private redevelopment efforts, contributing to steady growth in one of San Diego's most strategically located urban corridors. Buyers are advised to independently verify all development potential with the City of San Diego. Shown by appointment only — please do not disturb tenants or businesses. Reach out to listing agents for more information. Ivan Del Muro-Garcia 619-623-2132 idmg@lee-associates.com Lic#0216936
Location
State CA
County San Diego
Area 92102 - San Diego
Zoning Zoned CN-1-3, Complete Communities Ti...
Building
Lot Description Near Public Transit, Park Nearby, Corner Lot
Others
Virtual Tour https://www.propertypanorama.com/instaview/crmls/NDP2508325